Fair competition

Promoting healthy competition

New Competition Law Compliance Program

In 2011, the Volvo Group launched the Competition Law Compliance Program. The program includes a number of actions aiming at preventing the Volvo Group from participating in activities that are contrary to competition law.

The purpose is to provide our employees with an overall understanding of what is accepted and what is not – and ultimately to promoting healthy competition in the markets where the Group is present.

The purpose of the Competition Law Compliance program is to provide our employees with an overall understanding of what is accepted and what is not – and ultimately to promoting healthy competition in the markets where the Group is present.

The new policy states how to behave in relation to competitors, distributors, customers and suppliers, both as an employee and as a company. All employees that are in contact with the Volvo Group’s competitors are expected to be familiar with the policy.

To increase awareness among employees about the policy, all white-collar employees are expected to participate in an e-learning course on the subject, and targeted training will be conducted for more than 10,000 employees in sales and marketing, research and development and product development.

The new policy applies to all employees. The Chief Compliance Officer is responsible for the program, including related training, audits and follow-up.